Q. How does the Scenario Manager in Excel work? A. Microsoft Excel’s Scenario Manager is a powerful tool for making informed financial decisions. It allows users to create and manage multiple data ...

Last month, we used Goal Seek to determine the most reasonable mortgage payment within a specific budget. This month, we continue with the mortgage example using Scenario Manager. We’ll generate a ...

When you use Excel, you have access to powerful tools that can help you make informed decisions based on different scenarios. Two of the most useful tools for this purpose are Goal Seek and the ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Scenario planning is the strategic management tool used to prepare for multiple future possibilities, creating a range of plausible situations and assessing their potential impact on business ...